Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Three wallets of the same entity sold 866 million REEF in the past 2 hours, resulting in a loss of 2.53 million US dollars

Three wallets of the same entity sold 866 million REEF in the past 2 hours, resulting in a loss of 2.53 million US dollars

Bitget2024/10/16 09:15

According to Spot On Chain monitoring, three wallets (one entity) seem to have panic-sold 866 million REEF (worth $2.07 million) to CEX in the past two hours, resulting in a loss of $2.53 million (-55%). Currently, they only hold 89.45 million REEF (worth $204,000), with an unrealized loss of $270,000.

1
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

The Bank of Japan's interest rate hike still fails to impress the market! Hedge funds slash yen long positions by nearly 80%, while dollar long positions increase significantly

After the Bank of Japan failed to deliver a clear enough signal of further interest rate hikes to the market, hedge funds have significantly reduced their bullish bets on the yen.

智通财经•2026/09/26 00:06

US Treasury yields continue to rise! Cleveland Federal Reserve President: Government and AI compete for funds, fueling rate hike expectations

Cleveland Federal Reserve President Loretta Mester stated on Friday that the recent sustained rise in long-term U.S. Treasury yields is the result of multiple factors working together.

智通财经•2026/09/26 00:01